TSX Venture Exchange Closing Summary for July 16, 2008

VANCOUVER, BRITISH COLUMBIA–(EMWNews – July 16, 2008) –

The following report is available on tsx.com at the following web page:

http://www.tsx.com/en/news_events/media_kit.html

Trading was very heavy on a volume of 138.6 million shares worth 81.8 million dollars.

There were 335 advances, 459 declines and 526 issues unchanged.

The S&P/TSX Venture Composite Index closed down 1.32 at 2308.76

Most Active Issues by Volume

Volume       Name                              Symbol     Close     Change

12,999,637   MedMira Inc.                         MIR    $0.270     $0.160
5,001,456    Western Prospector Group Ltd.        WNP    $1.300     $0.000
4,047,674    North American Gem Inc.              NAG    $0.290    -$0.005
2,636,891    Largo Resources Ltd.                 LGO    $0.930     $0.120
1,834,900    CriticalControl Solutions Corp.      CCZ    $0.150    -$0.015
1,776,005    MagIndustries Corp                   MAA    $2.800     $0.240
1,730,484    Phoscan Chemical Corp                FOS    $1.520     $0.000
1,684,800    Solitaire Minerals Corp.             SLT    $0.175    -$0.020
1,399,162    Bayou Bend Petroleum Ltd             BBP    $0.390     $0.040
1,370,905    Route1 Inc.                          ROI    $0.055     $0.005


Most Active Securities by Value

Value        Security Name                     Symbol     Close     Change

$6,455,937   Western Prospector Group Ltd.        WNP    $1.300     $0.000
$4,699,970   MagIndustries Corp                   MAA    $2.800     $0.240
$3,717,332   MedMira Inc.                         MIR    $0.270     $0.160
$2,512,752   Phoscan Chemical Corp                FOS    $1.520     $0.000
$2,336,864   Largo Resources Ltd.                 LGO    $0.930     $0.120
$2,191,811   Ithaca Energy Inc                    IAE    $2.530     $0.020
$1,926,709   Solana Resources Limited             SOR    $4.350    -$0.090
$1,427,642   Potash North Resource Corporation    PON    $1.630     $0.110
$1,335,203   Pan Orient Energy Corp.              POE    $7.750    -$0.750
$1,242,715   Sterling Resources Ltd               SLG    $2.390    -$0.040

NEX Closing Summary for July 16, 2008

Trading was light on a volume of 0.67 million shares worth 0.11 million dollars.

There were 5 advances, 5 declines and 18 issues unchanged.

Most Active Issues by Volume

Volume       Name                              Symbol     Close     Change

128,000      Raptor Capital Corp                RCP.H    $0.010     $0.000
110,320      Moneta Resources Inc               MOT.H    $0.160    -$0.020
106,566      Inflazyme Pharmaceuticals Ltd.     IZP.H    $0.020     $0.000
71,500       Nexient Learning Inc               NXL.H    $0.065     $0.045
70,000       Landmark Global Financial Corp.    LST.H    $0.030     $0.000
40,000       SBI Skin Biology Incorporated      SBI.H    $0.100    -$0.005
37,000       FMX Ventures Inc                   FMX.H    $0.045    -$0.005
30,000       Nordic Gold Corp                   NGC.H    $0.105     $0.015
19,000       Cobre Exploration Corp             CXV.H    $0.075    -$0.020
10,000       Bi-Optic Ventures Inc.             BOV.H    $0.140     $0.015


Most Active Securities by Value

Value        Security Name                     Symbol     Close     Change

$38,746      Canadian Quantum Energy
              Corporation                       CQM.H    $7.750     $0.000
$17,643      Moneta Resources Inc               MOT.H    $0.160    -$0.020
$10,850      Goldfarb Corporation,
              The cl A sv                       GDF.H    $3.100     $0.000
$6,578       Nexient Learning Inc               NXL.H    $0.065     $0.045
$4,020       SBI Skin Biology Incorporated      SBI.H    $0.100    -$0.005
$3,866       Newstrike Capital Inc              NES.H    $0.660    -$0.040
$3,225       Nordic Gold Corp                   NGC.H    $0.105     $0.015
$3,200       Challenger Development Corp.       CDQ.H    $0.400     $0.000
$2,892       Silvio Ventures Inc                SIV.H    $0.560     $0.010
$2,140       Devin Energy Corporation           DVC.H    $1.070     $0.020

NOTE: This document is for information purposes only and is not an invitation to purchase any securities listed on TSX Venture Exchange and/or NEX. While the information herein is collected and compiled with care, neither TSX Venture Exchange Inc., TSX Inc. nor any of their respective affiliated companies represents, warrants or guarantees the accuracy or the completeness of the information. This information is provided with the express condition, to which by purchasing or making use thereof you expressly consent, that no liability shall be incurred by TSX Venture Exchange Inc., TSX Inc. and/or any of its affiliates as a result of any use or reliance upon this information.

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